Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

5/7/2013 (3 years ago)

Catholic Online (www.catholic.org)

Many treatments are out of reach for many, forcing medical community to scale back

The U.S. recession and weak economy contributed significantly to a slowdown in spending - which certainly affected money spent on healthcare by Americans. Coupled with less generous benefits resulted in higher out-of-pocket costs. Less generous coverage and less disposable income, people in the U.S. consumed fewer health services. The good news is that spending growth also slowed among those whose health benefits haven't changed, including Medicare patients, suggesting a more enduring trend.

The news isn't all good. It also reflects the fact that the cost of consuming health care has far outpaced wages over the past several years, leaving many people and families unable to afford services they may need.

The news isn't all good. It also reflects the fact that the cost of consuming health care has far outpaced wages over the past several years, leaving many people and families unable to afford services they may need.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

5/7/2013 (3 years ago)

Published in Health

Keywords: Health care spending, recession, Congress, budget, Obamacare


LOS ANGELES, CA (Catholic Online) - A study of this economic rends was undertaken by Harvard researchers. "Our findings suggest cautious optimism that the slowdown in the growth of health spending may persist - a change that, if borne out, could have a major impact on US health spending projections and fiscal challenges facing the country," the authors write.

As a result, the Congressional Budget Office has since revised its projections of Medicare and Medicaid spending over the coming decade downward by hundreds of billions of dollars.

The study also determined that the recent slowdown doesn't just reflect temporary economic weakness, but also structural shifts in how health care is delivered and financed. This may be to the Affordable Health Care Act and might be a harbinger of a longer-term trend.

If this prediction is accurate, workers can expect higher wages and the country's projected medium term deficits are significantly overstated, which in turn suggests lawmakers' continuing finagling with the current budget deficit, and deficits over the coming decade, are misguided.

As an adjunct, health care economist David Cutler attributes the majority of the slowdown to fundamental changes. This may be attributable to slowing technological and pharmaceutical innovation and increased efficiency among providers. If current trends continue, he concludes, then over the next 10 years "public-sector health care spending will be as much as $770 billion less than predicted. Such lower levels of spending would have an enormous impact on the U.S. economy and on government and household finances."

Studies over the past few years have been unspecific about the non-macroeconomic causes of the spending growth slowdown, and guarded about the likelihood that it will persist. Analysts have been cautious about attributing any of it to the slow move away from fee-for-service medicine, which the Affordable Care Act hopes to accelerate.

The news isn't all good. It also reflects the fact that the cost of consuming health care has far outpaced wages over the past several years, leaving many people and families unable to afford services they may need.

---


Pope Francis: end world hunger through 'Prayer and Action'


Copyright 2016 - Distributed by THE CALIFORNIA NETWORK

Pope Francis Prayer Intentions for May 2016
Universal:
Respect for Women: That in every country of the world, women may be honored and respected and that their essential contribution to society may be highly esteemed.
Evangelization: Holy Rosary: That families, communities, and groups may pray the Holy Rosary for evangelization and peace.



Comments


More Health

Does cellphone radiation REALLY cause cancer? Watch

Image of Research indicates cellular radiation causes cancer in rats - but does it do the same to humans (motion.pl/Shutterstock)?

By Kenya Sinclair (CALIFORNIA NETWORK)

A new study reveals startling information concerning cancers growing in rats exposed to cell phone radiation. How safe are you from similar cancers? LOS ANGELES, CA (Catholic Online) - The study, conducted by research and education institution bioRxiv, revealed ... continue reading


Woman diagnosed with 'nightmare bacteria' in US Watch

Image of A woman has been diagnosed with a frightening E. coli superbug in Pennsylvania (Inhabitat).

By Kenya Sinclair (CALIFORNIA NETWORK)

A 49-year-old Pennsylvanian woman who has not stepped foot outside the United States within the past several months was recently diagnosed with the first case of its kind in the US - a drug-resistant form of E. coli. LOS ANGELES, CA (Catholic Online) - The CDC and ... continue reading


HORRIFYING: Abortion mill calls 911 to save baby after botched abortion Watch

Image of A baby is a human being, even before it is born. There should be no question of its right to life.

By Marshall Connolly (CALIFORNIA NETWORK)

A chilling recording has been released on a 911 call from an abortion mill, requesting emergency services for a baby who survived an abortion. The call was placed earlier this year and left people wondering about the fate of the baby. It also raised the issue of the ... continue reading


WHAT IS GOING ON? Only 5 percent of terminal cancer patients fully understand their prognosis Watch

Image of A new study reveals 95 percent of cancer patients fail to fully understand their prognosis.

By Kenya Sinclair (CALIFORNIA NETWORK)

According to a new study on terminally-ill cancer patients, only five percent of patients fully understood their prognosis, which raises several questions. LOS ANGELES, CA (Catholic Online) - Researchers from Memorial Sloan Kettering Cancer Center, Cornell University ... continue reading


TERRIFYING: Real life Dr. Moreau, hard at work developing human-animal hybrids Watch

Image of Pigs like these could soon grow human organs, even brains.

By Marshall Connolly (CALIFORNIA NETWORK)

A real life Dr. Moreau is hard at work, trying to create animals that grow organs for humans that can be transplanted without any danger of rejection. His work mixes human and animal genes, giving rise to a host of ethical concerns. LOS ANGELES, CA (California Network) ... continue reading


Scientists find evidence of life after death! But for some people, it's very bad news... Watch

Image of For half of the people, dying wasn't a pleasant experience.

By David Drudge (CALIFORNIA NETWORK)

A British study suggests that life after death is an actual phenomenon, and there's evidence to prove it. A study involving more than 2,000 people found that life continues even after the heart stops beating. LOS ANGELES, CA (California Network) - A major study ... continue reading


The key to a long, healthy life? Go to church! Watch

Image of One study revealed church attendance makes for a healthier life (Shutterstock).

By Kenya Sinclair (CALIFORNIA NETWORK)

Researchers looking at data of nearly 75,000 middle-aged women nurses in the United States and discovered something wonderful! LOS ANGELES, CA (Catholic Online) - The Nurses' Health Study, had the thousands of participants answer several questions, including whether ... continue reading


New TB treatment offers hope Watch

Image of WHO considers new TB treatment (Philippe Schneider/World Vision).

By Kenya Sinclair (CALIFORNIA NETWORK)

The World Health Organization (WHO) recently released an announcement that can change lives around the world. LOS ANGELES, CA (Catholic Online) - According to WHO's website, a new test and treatment for tuberculosis has been created and is currently under review.The ... continue reading


7-year-old boy who grew hair out for cancer patients tragically diagnosed with aggressive stage 4 cancer Watch

Image of

By Abigail James (CALIFORNIA NETWORK)

In a "cruel twist of fate," seven-year-old Vinny Desautels, who grew his hair out for two years to donate to cancer patients, has now been diagnosed with an aggressive stage 4 cancer. LOS ANGELES, CA (Catholic Online) - Despite being constantly teased by his peers, ... continue reading


Scientists play God in controversial move to revive the dead Watch

Image of Can scientists bring the dead back to life (Pinterest)?

By Kenya Sinclair (CALIFORNIA NETWORK)

It sounds like the plot to a science fiction story but scientists are about to attempt to bring twenty certified dead people back to life. LOS ANGELES, CA (Catholic Online) - Bioquark Inc., a biotech company, has received ethical permission to bring twenty brain-dead ... continue reading


All Health News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Subscribe to Catholic OnlineYouTube Channel

the FEED
by Catholic Online

Daily Readings

Reading 1, Second Timothy 1:1-3, 6-12
1 From Paul, apostle of Christ Jesus through the will of God in ... Read More

Psalm, Psalms 123:1-2, 2
1 [Song of Ascents] I lift up my eyes to you who are enthroned in ... Read More

Gospel, Mark 12:18-27
18 Then some Sadducees -- who deny that there is a resurrection -- came ... Read More

Saint of the Day

Saint of the Day for June 1st, 2016 Image

St. Justin Martyr
June 1: Christian apologist, born at Flavia Neapolis, ... Read More